Ulster Bank’s £200 switching offer has now ended. The information below is for reference only. For switching deals available now, make sure to check out our switching deals guide.
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Ulster Bank’s £200 switching bonus launched on 15 February 2024 for new and existing customers who switch into a Select, ufirstgold (£10 monthly fee) or Current account. Our guide explains how easy it is to get £200 just for switching your accounts. For a full list of switching deals on the market, you can visit our switching deals guide.
How much will you get?
You’ll get £200, the largest switch bonus available on the market. This bonus is paid within 7 days once you’ve fulfilled the eligibility criteria.
Who can get this deal?
This deal is available for new and existing Ulster Bank customers. You must be a UK resident and 18 or older to be eligible.
How you can get the £200 switching bonus
To qualify, you need to:
Be a UK resident and at least 18 years old.
Have an Ulster Select, ufirstgold, Current, Current Plus, Private Current, uFirst Private or Foundation account. This account can be new or existing.
Complete a switch of a non-Ulster Bank current account to your eligible account using the Current Account Switch Service online or via the Ulster Bank mobile app.
Deposit £1,250 into your account. You can do this in multiple payments.
Log in to the Ulster Bank mobile app within 60 days of switching to your eligible account.
The exclusions
If you’ve previously received a switcher bonus from Ulster Bank, NatWest or RBS since 1 January 2020, you won’t be eligible. All these banks are part of the NatWest Group.
If your switch doesn’t fully complete, you won’t receive the incentive. A complete switch means your old bank account closes, and any funds and direct debits move to your new account.
If your deposit of £1,250 isn’t in your new account for at least 24 hours, you’re not eligible for the bonus payment.
You can’t apply to switch your non-Ulster Bank account in a branch or over the phone. You must use the Current Account Switch Service online or via the mobile app to be eligible for the bonus.
Joint accounts are only eligible to receive the bonus once.
If you open multiple eligible accounts, you will only get the offer for one of those accounts.
When the offer ends
The offer will end on Tuesday 2nd April 2024.
We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Jason is a freelance writer and editor. He worked as a senior subeditor for Finder for 5 years and in that time became familiar with a wide range of financial products and services. Before that, he worked for Australian Associated Press. He has a BA from Macquarie University in Australia. Jason loves to help other people find new ways to save money. See full bio
Learn more about setting up direct debits to earn current account rewards.
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